Sarup Industries Ltd
SARUPINDUSBSE
₹104.90▼ -0.10 (-0.10%)
Whole company worth₹34 Cr
Price for ₹1 of profit₹60
1-year range₹103 – ₹208
The short version
A steadily growing business — priced at a steep premium to what it earns.
Everything below is worked out from Sarup's own filed results and the exchange's data, and written so you do not need to know any finance terms. Where a term matters, we say what it means.
01What does it do?
Sarup is a micro-sized company in consumer durables.
Incorporated in 1979, Sarup Industries Ltd is a manufacturer of footwear including sports shoes and finished leather products.
- Whole company is worth
- ₹34 crore
- Run by
- Simarjit Singh Bawa
- Shareholders
- 1,532 people
- Listed since
- 1994
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 10% a year for 5 years.
At that pace a business doubles in size roughly every 7 years.
Point at a bar for exact figures · amounts in ₹ crore
03Does it make money?
Out of every ₹100 it sells, it keeps ₹3.5 as profit.
Here is where the money from Sarup's sales went in FY26, the latest full year it has reported.
₹45
₹42
- ₹45Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹42Running the businessstaff, rent, marketing, power and everything else
- ₹6.5Interest on its loansthe cost of borrowed money
- ₹3.5Wear and tearmachines, stores and buildings losing value over time
- ₹3.5Profit it keepswhat is left for the company's owners
It also received a tax credit of ₹0.2 crore that year, which is why tax is missing from the bar.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹485 actually came in as cash.
Profit it reported₹3.7 Cr
Cash its business brought in₹18 Cr
Over the last 3 years: ₹3.7 crore of profit and ₹18 crore of cash from its day-to-day business. Profit that shows up as cash is the most believable kind.
04Is the price high or low?
You pay ₹60 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 60 means buyers are paying for about 60 years of today's profit up front.
The share price over the past year
It is trading close to its lowest price of the past year (₹102.55).
05Who owns it?
Its founders and parent group own 74 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 1,532 people and institutions hold its shares.
As filed for the quarter ending 30 Jun 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
The figures raise more questions than they answer.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
Nothing stands out in its favour in the figures we have.
Worth watching
- Founders have pledged 29% of their shares as loan collateral — a forced sale is possible if the price falls.
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
- The share price is 50% below its high of the past year.
07What happened lately?
Latest quarter: sales down 21%, profit down 58%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹3.1 Cr
▼ 21.1% on a year earlier
Profit
₹0.1 Cr
▼ 58.3% on a year earlier
No notable developments in the last few weeks.
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This page describes Sarup using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Sarup Industries Ltd (SARUPINDUS): company summary
The company's annual revenue grew by 0.7% to ₹16 crore, but net profit fell sharply by -88.1% to ₹1 crore.
Sarup Industries Ltd (SARUPINDUS) is a micro-cap Consumer Discretionary company valued at ₹34 crore operating in Consumer Durables on the NSE and BSE.
- Recent price move
- Sarup Industries Ltd last traded at ₹104.9, modestly down 0.10% on the day.
- Recent developments
- On 2026-06-30, the company reported zero net profit for the latest quarter, continuing a pattern of no profit in the last four quarters. Promoters pledged 28.94% of their holding, raising concerns about liquidity. The company's earnings include an other income of ₹0.65 crore, which may affect profitability.
- Financial performance
- The company's annual revenue grew by 0.7% to ₹16 crore, but net profit fell sharply by -88.1% to ₹1 crore. The latest quarter saw revenue drop 21.1% year-on-year to ₹3 crore, while net profit remained at ₹0 crore, continuing a trend of zero profit in the last four quarters.
- Valuation multiples
- The stock trades at 59.9 times earnings, a premium to the Consumer Discretionary median of 22.6, -15.55 times book value.
- Things to watch
- The company's net profit margin fell 26.4 percentage points to 3.5%, indicating deteriorating profitability. The net profit dropped by -88.1% year-on-year, and the company has a low interest coverage ratio. The stock is 49.5% below its 52-week high, showing a significant decline in value.
- Where it stands
- Sarup Industries Ltd ended the latest quarter with zero net profit, continuing a trend of no profit in the last four quarters. The stock is 49.5% below its 52-week high, and the company's net profit margin has fallen significantly. The company's financials show a sharp decline in profitability, with net profit falling by -88.1% year-on-year.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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Sarup Industries Ltd peers in Consumer Discretionary
Other Consumer Discretionary stocks on the NSE & BSE. See the full Consumer Discretionary sector list.
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